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IndustryGlossary Term

Battery Tolling Agreement

A contract where a subcontractor operates a battery energy storage system on behalf of an asset owner, earning a fee without owning the asset. Common on remote sites and camps where third-party power management services are contracted out. Subcontractors are paid for capacity and availability, not energy consumed.

Related Terms

CCUS (Carbon Capture, Utilization, and Storage)

Industry

Technology that captures CO₂ emissions from industrial sites and either stores or repurposes them. Subcontractors are increasingly hired to build, maintain, and service CCUS infrastructure. Familiarity with these projects opens doors to growing work in emissions-reduction programmes.

Multi-Well Battery

Industry

A centralised surface facility that collects and processes production from multiple wells simultaneously. For subcontractors, it means larger, longer-duration scopes covering instrumentation, piping, and facility maintenance. Mobilisation costs are often shared across the site, improving job economics.

Wet Utilities

Industry

Underground systems that carry water, sewage, or other liquids, including water mains, storm drains, and sewer lines. Subcontractors must locate and mark these lines before any excavation to avoid costly damage or work stoppages. Wet utility work often requires specialised crews and municipal permits.

Feedstock

Industry

Raw material fed into a processing facility, such as crude oil, bitumen, or natural gas. Subcontractors often support feedstock handling through pipeline work, tank maintenance, and material transfer operations.

Offtake Agreement

Industry

A long-term contract where a buyer commits to purchasing a set volume of product from a producer. For subcontractors, these agreements signal stable, ongoing site activity and sustained demand for field services. They often underpin project financing, making worksites more financially secure for service providers.

In-Situ

Industry

Work performed on-site without removing equipment or materials from their installed position. Subcontractors are often mobilised specifically for in-situ repairs, inspections, or testing. Scope and billing should clearly reflect the fixed work location.

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